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Layoffs
Intel cuts deep in Israel as hundreds brace for layoffs
Tech giant launches wave of layoffs at its Kiryat Gat chip plant; move is part of a global shift toward automation and streamlined operations expected to affect hundreds of jobs across country
Meir Orbach, Calcalist
|
07.08.25
Tech giant Intel set to layoff hundreds of employees in Israel
Company has started sending dismissal letters, marking a new wave of layoffs hitting its Kiryat Gat campus; once spared due to government grants, the factory now faces cuts affecting hundreds amid Intel’s broader workforce reductions
Meir Orbach/Calcalist
|
07.07.25
Microsoft to lay off 9,000 employees worldwide in 2nd wave of layoffs this year
The technology giant will lay off about 4% of its workforce, after laying off about 3% of its employees in May., and it likely will effect Microsoft's Israeli branch ; the previous wave of layoffs in Israel amounted to about 100 employees
News Agencies
|
07.02.25
Playtika to lay off dozens of employees in Israel and Poland
Layoffs affect development teams for Best Fiends and Redecor, reportedly due to disappointing performance; two weeks earlier, Wooga, a Playtika subsidiary, also laid off around 50 employees
Maayan Cohen Rosen
|
06.07.25
Hundreds of Israeli workers could be affected by Teva layoffs
Analysis: The pharmaceutical giant has announced an 8% cut in its workforce to improve efficiency; About 300 employees in Israel are expected to be laid off. While investors are pleased with the promise of reaching a 30% operating profit, employees may find that this is just the first 'big step' in a series of cuts
Sophie Shulman, Calcalist
|
05.08.25
Teva to lay off 2,900 employees by 2027 - about 8% of workforce
Company will embark on a large-scale layoff process over the next two years and will also cut expenses to increase operating profit; Revenue in the first quarter was $3.89 billion, slightly below forecasts, but net income came in at 52 cents per share, above expectations; Its main drug, Austedo, generated higher-than-expected revenue
Sophie Shulman, Calcalist
|
05.07.25
Intel Israel braces for massive layoffs as global job cuts loom
Quarterly earnings report expected to shed light on scope of cuts and their effect on company's more than 10,000 Israeli employees
Israel Wullman
|
04.23.25
Intel expected to lay off more than 20,000 employees
Tech giant's new CEO, Lip-Bu Tan, wants to streamline after Intel ran into difficulties, and will soon announce a plan to layoff 20% of the company's approximately employees, according to Bloomberg news agency; not known how the move will affect more than 10,000 workers in Israel
Reuters
|
04.23.25
Israeli cybersecurity firm Skybox Security shuts down, lays off all staff
Company, which employed about 100 workers in Israel and 200 in the US, sells operations to another cybersecurity firm, notifying Israeli staff they wouldn't receive February salaries or severance and should file claims with National Insurance Institute
Meir Orbach
|
02.25.25
Dozens of jobs at risk as Meta begins layoffs in Israel
Layoffs affecting 5% of Meta’s Israel workforce come amid broader tech industry struggles, driven by economic slowdowns and shifting market demands
Omer Kabir, Meir Orbach/Calcalist
|
02.10.25
Meta to layoff 5% of its lowest performers as a way to 'raise the bar'
According to a report by Bloomberg, Meta will implement another round of layoffs, affecting approximately 3,600 employees worldwide; In an internal memo sent to staff, the company said that layoffs will target lowest-performing workers, with plans to fill the positions by the end of the year
News Agencies
|
01.14.25
SolarEdge announces 400 layoffs, 200 in Israel
SolarEdge to cut operational costs amid a sales slump and inventory surplus in Europe;. The layoffs mark the company’s fourth round of cuts since January 2024
Adiel Eithan Mustaki, Calcalist
|
01.07.25
Aiming to become leaner and more efficient, Intel continues massive lay-off wave
Intel Israel is notifying hundreds of employees about layoffs this week, joining a global reduction affecting more than 2,000 workers; Despite cuts, new hiring continues for essential roles, including projects like the $25 billion Kiryat Gat chip plant
Tal Shahaf
|
10.28.24
Wave of General Motors layoffs also hits Israel
General Motors' global layoffs extend to Israel, impacting dozens at its Herzliya development center, responsible for next-gen vehicle tech; Despite cuts, the center continues to recruit for roles in algorithm and software development, shaping future transportation
Navit Zomer
|
08.20.24
Renewable energy firm SolarEdge cuts 400 job, 200 in Israel
Company announces second wave of layoffs this year after economic challenges due to rising US interest rates and inventory buildup in Europe
Adiel Eithan Mustaki
|
07.15.24
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